FTSE STI closed 3,197.96, up 16.02 points or +0.50% with a total volume of 1.46b and a total value of S$1.58b. Total number of advance vs decline was 318 vs 166. Of the 30 component index stocks, 20 closed positive, 7 closed negative and 3 remained unchanged. The top 5 gainer component stocks were :-
1. Jardine C&C +0.580
2. JMH 400US$ +0.520
3. HKLand US$ +0.340
4. JSH 500US$ +0.260
5. F&N +0.160
The top 5 loser component stocks were :-
1. CityDev -0.300
2. KepCorp -0.140
3. SPH -0.050
4. Wilmar -0.040
5. SIA -0.040
US markets closed at least 2% up yesterday night putting aside eurozone debt issue as China manufacturing data, US private sector jobs, productivity and construction spending data all giving positive sentiment. Asian bourses taking reference of that all traded in positive region for the day. Nikkei closed +1.81%, SSE +0.71% and HSI +0.86%. STI opened above 3,200 and traded an intra-day high of 3,213 before pulling back to close at 3,197.96. Investors taking profit as a cautious stand ahead of Friday US unemployment rate data and tonight ECB's stand on the eurozone debt. Investors are looking at whether ECB will provide extra measures like buying Government bonds to help the eurozone debt.
